Ami Organics' Stock Price Rises 5.12% Despite Negative Industry Trend

Oct 28 2024 11:05 AM IST
share
Share Via
Ami Organics, a midcap chemical company, saw a 5.12% increase in its stock price on October 28, 2024, outperforming its sector by 4.53%. The stock also showed a trend reversal and reached an intraday high of Rs 1566.35. Ami Organics' moving averages were higher than the 5-day, 50-day, 100-day, and 200-day averages, indicating strong financial performance. Despite a decline in the past month, the company continues to show promise in the chemical industry.

Ami Organics, a midcap chemical company, saw a 5.12% increase in its stock price on October 28, 2024. The stock was given a 'Sell' rating by MarketsMOJO, a leading financial analysis platform.

Despite the overall negative trend in the chemical industry, Ami Organics outperformed its sector by 4.53% on the same day. This could be attributed to the company's strong financial performance and positive market sentiment.

The stock also showed a trend reversal, gaining after two consecutive days of falling. It reached an intraday high of Rs 1566.35, a 4.81% increase from the previous day's closing price.

Ami Organics' moving averages, which indicate the average price of a stock over a certain period of time, were higher than the 5-day, 50-day, 100-day, and 200-day moving averages. However, it was lower than the 20-day moving average.

In comparison to the overall market performance, Ami Organics had a 1-day performance of 4.94%, while the Sensex had a performance of 0.91%. Over the past month, the company's stock has seen a decline of 8.24%, while the Sensex has seen a decline of 6.37%.

Ami Organics has been making strides in the chemical industry with its innovative products and strong financials. With its recent stock price increase and positive market sentiment, the company continues to show promise for investors.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News